Dull sentiment in the bond market continues

By Wealth Trust Securities

The start of a new trading week saw the dull sentiment in the secondary bond market continuing as only the 15.03.25 maturity changed hands at levels of 11.05% to 11.10% yesterday.

The total secondary market Treasury bond/bill transacted volume for 21 January was Rs. 3.23 billion.   

In money markets, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka was seen draining out an amount of Rs. 53.45 billion by way of overnight repo auction at a weighted average rate of 6.48%, while an amount of Rs. 74.90 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 5.50%. An amount of Rs. 585.54 billion was withdrawn from Central Banks SLFR (Standard Lending Facility Rate) of 6.50%, while the net liquidity deficit increased to Rs. 457.19 billion yesterday. The weighted average rates on overnight call money and repo remained mostly unchanged at 6.45% and 6.49% respectively.

USD/LKR   

In the Forex market, the overall market remained inactive yesterday. The total USD/LKR traded volume for 21 January was $ 45.50 million.   

 (References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)